Settings8H · net · $10k
Funding arb · Price arb /

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0100%/8h= −10.9% APRnext payment $0.12 per $10,000 · paid last 24h −0.037%
Price spread now: Deribit against Nado−0.150%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropNado: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Deribit is 0.150% cheaper against Nado than usual: you would sell low and buy high (−$15 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado EIGEN-PERP0.24060.0100pay 0.0012% / 1h47m 19s$36K$20K3x
ShortDeribit EIGEN_USDC-PERPETUAL0.24020get 0.0000% / 1h47m 19s$4610x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against Nado. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$21
Price spread: −0.150% → 0.000%
−$14.96
Slippage, 4 orders
no order book: not counted
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$49.96
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Nado: no order-book sample; Deribit: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Nado no order-book sample
Sell Deribit no order-book sample
Nado and Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

EIGEN on 26 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit EIGENUSDT−0.0073%4h0.2401−0.208%$9.4M$7.9M50xas long as short
01 Exchange EIGENUSD−0.0064%1h0.24060.000%$816$5K10xas long as short
dYdX EIGEN-USD0.0000%1h0.2406−0.016%$3K5xas long as short
Deribit EIGEN_USDC-PERPETUALshort0.0000%1h0.2402−0.150%$4610x
Injective EIGEN/USDC PERP+0.0033%1h0.2438+1.330%$6$65.5xas long as short
Coinbase International EIGEN-PERP-INTX+0.0096%1h0.2406−0.004%$41K$223K50xas long as short
Nado EIGEN-PERPlong+0.0100%1h0.2406long leg$36K$20K3x
Aster EIGENUSDT+0.0100%4h0.2407+0.025%$45K$39K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2403−0.125%$8.3M$20.8M75xas long as short
OKX EIGEN-USDT-SWAP+0.0100%4h0.2401−0.208%$1.6M$5.0M20xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate EIGEN_USDT+0.0100%4h0.2404−0.083%$744K$591K50xas long as short
MEXC EIGEN_USDT+0.0100%4h0.2402−0.166%$8.3M$2.3M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.24060.000%$2.4M$10.4M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2401−0.208%$1.9M$1.5M75xas long as short
BingX EIGEN-USDT+0.0100%4h0.2405−0.042%$1.6Mas long as short
Variational Omni EIGEN+0.0100%4h0.2402−0.182%$195K$129Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2407+0.042%$188K$2.2M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2409+0.125%$35K$238K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2404−0.083%$1K$4K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2401−0.203%$90K$639K10xas long as short
Hyperliquid EIGEN+0.0116%1h0.2409+0.125%$4.8M$1.6M5xas long as short
BloFin EIGEN-USDT+0.0123%4h0.2407+0.042%$357K$125K75xas long as short
GMX EIGEN/USD [ETH-USDC]L +0.0195% / S −0.0568%1h0.2405−0.044%$2K100xas long as short
Lighter EIGEN+0.0256%1h0.2411+0.195%$573K$473K5xas long as short
Reya EIGENRUSDPERP+0.0515%1h0.2403−0.112%$83915xas long as short
Kraken Futures PF_EIGENUSD+0.0600%1h0.2403−0.122%$163K$92K20xas long as short